30 Minutes Ago, Two Addresses (Supposed To Belong to the Same Whale/Institution) Withdrew a Total of 108,961 $AAVE Tokens (Approximately $8.18 Million) From Binance
June 26 (Cointime) -According to ember data monitoring: 30 minutes ago, two addresses (should belong to the same whale/institution) withdrew a total of 108,961 $AAVE tokens (approximately $8.18 million) from Binance. This may be the reason for chasing up buying today and AAVE rising. In addition, these two addresses also raised 7,466 $MKR tokens (about 4.78 million U.S. dollars) from Binance/Huobi/OKX on June 1. The whale/institution May have a special interest in old DeFi.
In mid-June (06/19~06/23), an overview of Web3 financing projects
In the past week, we have witnessed a series of financing activities spanning various domains such as Web3, DeFi, gaming, NFTs, AI, and data science.
FTX Creditor Pledges Claim as Collateral for DeFi Loan in First On-Chain Transaction
June 24 (Cointime) - A creditor of the now-bankrupt crypto exchange FTX used a claim as collateral for a loan on the DeFi platform Arcade. The claim was tokenized and represented by an NFT, making it the first on-chain loan backed by a FTX claim. The NFT was used as collateral for a $7,500 loan to be repaid in five days, with the lender entitled to the claim in case of default. The transaction highlights the growing trend of real-world asset tokenization in DeFi, with a wide range of assets being tokenized, including stocks, government bonds, real estate, and commodities.
Addressing NFT Liquidity Issues with Litra Finance: Customized Bonding Curves and veToken Economic Model
As part of the Web3 ecosystem infrastructure, Litra Finance has established an open and shared Web3.0 NFTFi+AMM platform, which optimizes NFT asset pricing mechanisms and enhances the accuracy of NFT transactions.
Bigert Chain Integrates with Band Protocol to Utilize Real-World Data for Smart Contracts
June 23 (Cointime) - Band Protocol, a cross-chain data oracle protocol, has integrated Bitgert onto its mainnet. Bitgert is a crypto-engineering platform that has developed various blockchain-related products for DeFi. Bitgert announced on Twitter that its chain is now live on Band Protocol's mainnet.
BlackRock Believes Institutional Adoption of DeFi is "Many, Many, Many Years Away"
June 23 (Cointime) - BlackRock, the world's largest asset manager, has filed for a spot Bitcoin ETF, leading to a surge in the cryptocurrency market. While BlackRock is optimistic about institutional adoption of crypto, it believes that institutional participation in decentralized finance (DeFi) is still many years away due to regulatory hurdles.
Bitbyte.Finance: Can Multi-chain Aggregation + NFT + DAO Create a New Crypto Finance Ecology?
Bitbyte.Finance is a decentralized aggregation platform. Finance is a decentralized aggregation platform based on the Decentralized Exchange (DEX), which is a multi-chain financial and social aggregation platform for digital assets.
OKX Wallet Announces Partnership with XOX Labs, a Decentralized DeFi Platform with Comprehensive Features
June 20 (Cointime) - OKX Wallet is proud to announce that it has partnered with XOX Labs, a decentralized DeFi platform for Swap, Stake, Store, Bridge, Refer, Invest, and Earn. The partnership aims to bring XoX Labs innovative DeFi solutions to OKX Wallet users.
Privacy-Centric DeFi Infrastructure Provider Portal Gate Raises $1.1M in Seed Funding to Build Compliant and Efficient On-Chain Trading for Institutions
June 20 (Cointime) - Privacy-centric DeFi Infrastructure Provider Portal Gate Closes $1.1M Seed Funding Round, Led by Apollo Crypto, to Build Compliant and Efficient On-Chain Trading for Institutions. Portal Gate's mission is to build compliant and private DeFi infrastructure to facilitate more efficient on-chain trading for institutions.
